grant selection board

In celebration of our 10th year as an organization, National Association of Women Owned Small Businesses, Inc. (NAWOSB) has established its very own development grant to support our Members, women businesses.

Business owners can always use a little money to move their businesses forward. That's why NAWOSB created our development grants program to help members start/grow/expand/scale their vision.

Worth up to $500 each, NAWOSB Members can apply for our small business grants. These grants are useful for financing any small business need. 

You have plans for how you would like to further develop your business and if you had the available capital what would you do? 

• Would you hire and train additional employees 
• Market your business in new and exciting ways 
• Invest in new equipment or software 

The NAWOSB Development Grant can help. We want to award grants to members just like you through our program for women owned small businesses.

DETAILS

• Grant applicants must be a NAWOSB Member in good standing for 3-months prior to submitting an application. Annual members may apply immediately. 
• Dues must be current at the time of application and when the grant is funded. 
• There is a $25 nonrefundable application fee for all applicants (Exception: Application Fee waived for any member who paid dues October 2019-October 10, 2020). 
• Grant applications are reviewed monthly.
• One or more Grants up to $500 will be made per month.  A determination of award will be made the month following review of completed applications. (See NOTE below) 
• Grant funds will be awarded within 24-48 hours of the announced recipient(s). All payments are disbursed electronically. 
• Criteria used in evaluating applications and awarding grants include:

                -   Review of identifiable business need

                -   Detailed use of the proceeds of the grant, must be very SPECIFIC

                -   Potential of the grant to satisfy the identified business need 

                -   Potential grant impact on overall business growth and success    

Recipients' Responsibilities

1. The awarded grant funds must be consistent with the written statement of the grant's use
2. Recipients must maintain records showing use of the money
3. Recipients agree that NAWOSB has the right to publicize names, business name, amount awarded and photographs of the recipient and/or their business.
4. Grant recipients are responsible for their own taxes.

NOTE:  The NAWOSB Development Grants are awarded at the sole discretion of NAWOSB and its grants advisory board.  As such NAWOSB has the sole discretion to make no grant or present a higher or lower amount than requested. NAWOSB in its sole discretion may award less than the totals indicated to be potentially available. NAWOSB will not discriminate on the basis of race, religion, national origin, age or disability. 

The NAWOSB Development Grant program is open to all NAWOSB members that are current in their membership and in good standing.  If you are not currently a NAWOSB member but would like to join in order to apply for our Grant later, please follow this link and follow the instructions. 

Any GRANT applications from non-NAWOSB members will not be processed. 

Development Grant applicants must be a member in good standing for 3-months prior to submitting an application.  Annual members may apply immediately. 

Decisions made by NAWOSB and its selection committee are final and are not subject to appeal. Application feedback is not required by NAWOSB or its selection committee.